News Room

NAR INDIA is the only recognized association of associations in India since 18 years. As per protocols NAR India chooses its president every year and then President chooses its own team. Mr. Chandresh Vithlani from Mumbai is now President for NAR INDIA. During national convention 23rd, 24th March 2026 held at Jio convention Centre. Mr Vithlani selected his office bearers. Which includes Udayan Mane as head for west zone ( NAR India ). Now he will be responsible for taking charge of networking, business exchange programs. Training and cross sales between the city Association for more than 10 Association includes Mumbai, Kolhapur, Nagpur, Nashik, Goa, etc Mr. Udayan Mane feels that. This is a great platform for PROP and its Members to connect collaborate and grow with the help of cross sales from other associations collectively connecting with more than 1500 consultants from West India. Land deals, TDR, resale transactions of residential and commercial properties of investors who have bought from all these cities can be facilitated through this New position in the larger organisation. Mr. Udayan Mane, also thank mr Ravi Verma NR India chairman, Emiretus, Mr. Sumanth Reddy chairman NAR India. And Mr. Chandresh Vithlani president NAR India for giving this opportunity and believing in him. More glory to PROP PUNE Real Estate coming soon.

The Association of Property Professionals (APP) Delhi NCR successfully organized its Annual Blood Donation Drive on International Women’s Day, March 8, 2026, at Galeria Market, Gurgaon, Haryana, in collaboration with Rotary India. The drive ran from 10:00 AM until 4:00 PM, witnessing enthusiastic participation from APP members and the general public. The initiative aimed to promote the spirit of community service while contributing to the critical need for blood in hospitals and emergency medical care.Volunteers and medical professionals ensured the donation process was smooth and safe throughout the day. The event received an encouraging response, reflecting the community’s commitment to humanitarian causes and social responsibility. Speaking on the occasion, APP representatives highlighted that organizing the blood donation drive on International Women’s Day symbolizes the compassion, care, and service that the day represents. They also appreciated the valuable support from Rotary India and the active participation of donors. APP Delhi NCR expressed gratitude to all the donors, volunteers, and partners who contributed to the initiative’s success. The association remains committed to continuing such social welfare activities and encouraging community participation in the future. About APP Delhi NCR The Association of Property Professionals (APP) Delhi NCR is a network of real estate professionals committed to ethical practices, industry collaboration, and social responsibility through various community initiatives.

Pune, January 2026: Pune Construction Engineering Research Foundation (PERF), a distinguished industry body established in 1983, announces the 20th edition of CONSTRO — India’s Largest Integrated Construction Expo, scheduled from 8th to 11th January 2026 at the Pune International Exhibition & Convention Centre (PIECC), Moshi, Pune. Carrying forward the legacy of “Education through Exhibition,” CONSTRO 2026 will bring together the latest innovations in Machinery, Materials, Methods, and Technology, offering a comprehensive platform for manufacturers, professionals, technologists, policymakers, and industry leaders from across India and overseas. This year’s edition will be the largest CONSTRO to date, featuring over 8,000 sqm of exhibition space, curated knowledge sessions, live demonstrations, technology showcases, and networking opportunities designed to accelerate innovation in the construction ecosystem. A Premier Platform Driving Industry Growth Speaking about the upcoming edition, Shri Narendra Kothari, President, PERF, said: “CONSTRO has earned the trust of the construction fraternity over the past four decades. The 2026 edition reflects the industry’s transformative progress and growing need for advanced technologies, sustainable materials, and modern construction practices. PERF remains committed to fostering learning, collaboration, and innovation for a better-built future.” Mr. Jaideep Raje, Chairman – Constro 2026, added: “CONSTRO 2026 will create awareness about cutting-edge solutions while enabling meaningful B2B engagement. With strong institutional collaborations, safety forums, and youth initiatives, the expo is poised to deliver tremendous value to exhibitors, visitors, and stakeholders across the industry.” CONSTRO 2026 proudly associates with Pune Metropolitan Region Development Authority (PMRDA) as the Concept Partner and Pimpri-Chinchwad Municipal Corporation (PCMC) as the Collaborative Partner. Key Highlights of CONSTRO 2026 * India’s Largest Integrated Construction Expo since 1985 * Focus on Machinery, Materials, Methods, and Technology * Live product showcases and innovation demonstrations * PERF Safety Summit promoting industry-wide safety culture * YOUCONS Youth Forum for young professionals and students * Vidyarthi Awards encouraging academic excellence * Exhibitor-led technical seminars and knowledge sessions * Constro Expo Mobile App for networking, navigation, and year-round engagement Exhibitor and Visitor Ecosystem Participants will include organisations from construction machinery and equipment, automation and digital technologies, building materials, structural systems, retrofitting, MEP, fire safety, sustainable solutions, infrastructure, HVAC, roofing, precast technologies, plumbing, tools, and engineering services. The expo will attract builders, developers, architects, engineers, contractors, consultants, government authorities, project managers, safety officers, academic professionals, students, and technology providers, enabling high-value B2B interactions. Focus on Sustainable and Future-Ready Construction CONSTRO 2026 will highlight: * Green and eco-friendly construction materials * Energy-efficient and climate-conscious technologies * Sustainable infrastructure development * Smart construction systems and automation The event reinforces PERF’s mission to advance research, innovation, safety, and knowledge sharing across the construction fraternity. Event Details Event: CONSTRO 2026 – 20th Edition Dates: 8–11 January 2026 Venue: Pune International Exhibition & Convention Centre (PIECC), Moshi, Pune Organized by: Pune Construction Engineering Research Foundation (PERF) Website: www.constroindia.org | pcerf.org Email: info@constroindia.org | info@pcerf.org Contact: +91 7843037852 | +91 9823508576 Call to Participation Exhibitors, industry professionals, technologists, entrepreneurs, and students are invited to participate in CONSTRO 2026 and be part of India’s most influential construction industry platform.

Pune, 16th December 2025: Emphasising that the dream of a developed India can be realised only when housing reaches every section of society, COEP Technological University Vice-Chancellor Prof. Dr Sunil Bhirud on Monday highlighted the critical role of technology, construction, and infrastructure in nation-building. He was speaking as the keynote speaker on ‘Viksit Bharat 2047: Construction and Infrastructure Industry’s Moment to Shine’, organised by the Builders Association of India (BAI), Pune Centre, to mark Builders Day. The event was held at the Hotel Sheraton Grand and witnessed participation from senior industry leaders and professionals. “Food, clothing, and shelter are the three basic needs of a human. When the need for shelter is met for every citizen, the vision of a truly developed India will take shape. Advanced technology and quality-driven construction will be central to this transformation,” Dr Bhirud said. He added that rapid technological advancements would significantly reduce construction timelines and introduce smarter materials and tools. “As India moves towards 2047, even concepts like space habitation may no longer be futuristic. The responsibility on the construction sector to maintain the highest quality standards will therefore be immense,” he noted, praising BAI’s efforts for the welfare of construction professionals. General Counsel & Senior Vice President, Samvardhan Motherson Group, Anubhav Kapoor, said the realisation of Viksit Bharat depends on four key pillars—per capita income growth, social reforms, sustainable environmental practices, and efficient governance. “With accelerating urbanisation, smart cities will expand, and the demand for modern civic infrastructure will rise sharply, placing the construction sector at the core of India’s growth story,” he said. The programme was attended by BAI Maharashtra President Jagannath Jadhav, BAI Pune President Ajay Gujar, Vice-Presidents Mahesh Maydeo and Rajaram Hajare, Secretary C.H. Ratlani, Treasurer Mahesh Rathi, and Programme Convenor Shivkumar Bhalla, among others. On the occasion, Ashok Kedge, Laxman Thite, S.B. Thorve, and Yusuf Inamdar were felicitated for their contribution. New members were inducted into BAI, and the association’s new year diary was also released. In his welcome address, Ajay Gujar said BAI continues to implement innovative initiatives for builders, construction workers, and their children. The event concluded with interactions and reflections from industry veterans, underscoring the sector’s pivotal role in shaping India’s future.

Mumbai/Pune, 1st December 2025: Mindspace Business Parks REIT (BSE: 543217 | NSE: MINDSPACE) (‘Mindspace REIT’), owner of quality Grade A office portfolio located in 4 key office markets of India, today announced the acquisition of three prime CBD assets for c. INR 2,916 Cr from K Raheja Corp. The Board of the Manager to Mindspace Business Parks REIT has approved the acquisition and preferential issue of units aggregating up to c. INR 1,820 Cr, subject to unitholders and other regulatory approvals. The REIT announces acquisition of: a) Pramaan Properties Private Limited (“Pramaan”), which owns ~0.45 msf at Ascent – Worli (Mumbai), a premium newly completed commercial tower in Mumbai’s most prestigious Worli micro-market; and an Office Building spread across ~0.1msf located in the thriving Kalyani Nagar micro-market, Pune. b) Sundew Real Estate Private Limited (“Sundew RE”), which owns ~0.2 msf of premium office space at The Square Avenue 98 (BKC Annex), a strategically located Grade A office building in Mumbai’s financial epicentre, BKC & BKC Annexe. These acquisitions collectively represent ~0.8 million square feet of premium leasable area, valued at a Gross Asset Value (GAV) of ~INR 3,106 Cr[1] by independent valuers. The acquisition will be completed at a c. INR 2,916 Cr gross acquisition price, representing a c. 6.1% discount to the average of two independent valuations. Post-acquisition, the Mindspace REIT portfolio will expand to ~39 million square feet, and a strengthened presence across one of India’s most influential commercial corridors. On a proforma basis, the acquisition is expected to deliver: NOI growth of ~9% DPU accretion of ~1.7% Front-office portfolio value contribution rising to ~7.9% Sustained and stable income streams backed by marquee tenants These trophy assets enhance Mindspace REIT’s prime office portfolio, expand its footprint in key business districts, and support its long-term strategy of building a portfolio of resilient, income-generating assets in India’s most dynamic urban markets. They also offer embedded mark to market potential, strong rental momentum, and clear value-add opportunities across these Grade A+ properties. After this acquisition, the Gross Asset Value (GAV) of Mindspace REIT is set to increase from c. INR 41,020 Cr to c. INR 44,126 Cr. Speaking on the acquisition, Ramesh Nair, MD and CEO of Mindspace REIT, said, “Bringing these assets into the Mindspace REIT portfolio is a strategic step in strengthening our presence in Mumbai’s most sought-after CBD office districts. These are high-quality, institutional assets, with strong cash flows, and some of the biggest names of Wall Street as anchor tenants. They enhance the scale, stability, and long-term growth of our portfolio. For us, it’s straightforward – invest in great locations, work with great tenants, and create durable value for our unitholders. This acquisition reflects our vision of loved workspaces, maximizing value, and reinforces Mindspace REIT’s position as a leader in India’s office real estate sector.” Transaction Highlights: Overview of Assets: Leasable area of c. 0.8 msf in aggregate. Gross Asset Value of ~INR 3,106 Cr as per independent valuations. Marquee tenants, including 2 of the biggest names on Wall Street. Committed Occupancy: Ascent – Worli – c.86% (Building completed in 2025); The Square Avenue 98 (BKC Annex) – 100%; Office Building (Pune) – 100% Portfolio Enhancement: Expands Mindspace REIT’s presence in prime front office CBD markets of Mumbai. WALE of c. 7 years, offering stable income along with growth potential. The Square Avenue 98 (BKC Annex) offers value add opportunity through Mark to Market potential and area enhancement Financial Highlights: Acquisition price of c. INR 2,916 Cr (Enterprise Value), a c. 6.1% discount to the average of two independent valuations. Purchase consideration of c. INR 1,820 Cr (for 100% Equity[2]). Addition of c. INR 226 Cr to FY26 NOI on a proforma[3] basis; implying a growth of c. 9%. Post-Acquisition Portfolio Metrics: Portfolio size to grow from c. 38.2 msf to c. 39 msf. Gross Asset Value (GAV) to increase from c. INR 41,020 Cr to c. INR 44,126 Cr Loan-to-Value (LTV) ratio to increase marginally from 24.2% to 24.7%, enough headroom available for growth. Over the years, Mindspace REIT has grown its portfolio through strategic acquisitions, including first sponsor acquisition of c. 1.82 msf Commerzone Raidurg, buying back third party units at Mindspace Madhapur; consolidation to full ownership at Commerzone Porur in Chennai; and selective expansions at Commerzone Yerwada in Pune, as well as its first third-party acquisition outside its portfolio parks – the c. 0.81 msf ‘The Square, 110 Financial District’ (formerly Q-City) in Hyderabad. The current transaction marks Mindspace REIT’s second Sponsor acquisition, further reinforcing its disciplined, value-accretive growth strategy and its commitment to delivering sustained value to unitholders. This transaction builds on the ~3.2 msf of acquisitions undertaken so far, marking another step in Mindspace REIT’s disciplined growth journey. [1] GAV is calculated as average of valuation undertaken by two independent valuers L. Anuradha and ANVI Technical Advisors India Pvt. Ltd. [2] 100% equity shareholding and interest in Pramaan and Sundew RE [3] Proforma NOI & NDCF for FY26 based on actuals for H1 FY26 & considering H2 FY26 same as H1FY26 for MREIT & estimates for FY27 for acquisition assets

Phinix Constructions presented Swar Sandhya on Sunday, 23rd November 2025, at Balshikshan Auditorium, Pune. Pune, 29 November 2025: Phinix Constructions’ musical event Swar Sandhya was held on 23rd November 2025 and received an overwhelming response from the audience. The three-hour musical evening featured a delightful blend of popular Marathi and Hindi songs, including devotional music, lavani, duets, and film melodies, creating a captivating atmosphere throughout. Company Director, Mr. Swanand Jawlekar, delivered a remarkable performance on the tabla and dholki, earning special applause from the audience. His energetic dholki segments were particularly appreciated. He was accompanied by Amit Kunte on tabla. The musical ensemble included Atharva Kelkar on octopad and rhythm machine, Sampada Deshpande and Amruta Jawlekar on harmonium, Adwait Kulkarni and Onkar Patankar on keyboard, who together provided a rich musical backdrop. Singers Rasika Joshi, Rajashree Tamhankar, Swara Jawlekar, Abhijeet Wadekar, and Lalit Deshpande presented every song with passion, preparation, and finesse, completely winning the hearts of the audience. The event was gracefully hosted by Veena Kelkar. Before the interval, Mr. Swanand Jawlekar introduced the audience to his four companies and shared the inspiring journey behind their success. Phinix Constructions is a reputed contracting company in Pune, successfully operating in the construction industry for over two decades. Realfacts Consultants, Vyankatesh Developers, and Chintamani Service Bureau—companies owned by the Jawlekar family—supported the event as co-organizers. Clients, friends, well-wishers, and music lovers extended their wholehearted support, making Swar Sandhya a truly memorable evening. Phinix Constructions and the co-organizing companies express heartfelt gratitude to all attendees, artists, and supporters. With its seamless blend of music, culture, and togetherness, Swar Sandhya has once again left an unforgettable mark on the hearts of its audience.